v3.25.4
Consolidated Statements of Financial Position - CAD ($)
$ in Thousands
Dec. 31, 2025
Dec. 31, 2024
Current assets    
Cash and cash equivalents $ 41,974 $ 67,419
Accounts receivable 66,186 56,417
Inventories 20,596 14,946
Prepaid expenses and deposits 9,422 5,456
Risk management contracts 11,016
Total current assets 149,194 144,238
Non-current assets    
Property, plant and equipment 990,094 960,059
Deferred income tax asset 146,156 153,174
Total non-current assets 1,136,250 1,113,233
Total assets 1,285,444 1,257,471
Current liabilities    
Accounts payable and accrued liabilities 88,432 61,804
Current portion of long-term debt 248,489
Current portion of lease liabilities and other 3,276 7,014
Warrant liability 4,128 18,304
Risk management contracts 248
Total current liabilities 95,836 335,859
Non-current liabilities    
Long-term debt 80,441
Lease liabilities and other 2,829 2,296
Decommissioning liabilities 19,922 17,444
Total non-current liabilities 22,751 100,181
Total liabilities 118,587 436,040
Shareholders’ equity    
Share capital 462,935 164,402
Contributed surplus 8,310 8,921
Retained earnings 695,612 648,108
Total shareholders' equity 1,166,857 821,431
Total liabilities and shareholders' equity $ 1,285,444 $ 1,257,471